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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: knight Piesold

Knight Piesold worked on our Feasibility, and also engineered the tailings pond at Mount Polley.

They have a letter on their website explaining how they told Imperial Metals that they would no longer be the Engineer of Record for the tailings pond in 2011. They also wrote to the Gov't inspectors and told them the embankment was getting large along with the tailings. They must have been unhappy with the way things were going as they refused the opportunity to bid for the continued work.

They say, "significant engineering and design changes were made subsequent to [their] involvement, such that the tailings storage facility can no longer be considered a Knight PiƩsold Ltd. design."

That's a good thing that they cleared up their involvement because we dont' want our Feasibility tainted by this.

It looks likes Imperial Metals was warned they had a problem with how they were operating that tailings facility but instead of dealing with it they chose to ramp up production and push it even further. Their CEO should go over this.

http://www.knightpiesold.com/en/index.cfm/news/statement-by-knight-piesold-ltd-regarding-the-mount-polley-mining-incident/

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